Patientline can be saved - but shareholders may not like the cure - The Guardian 28th November 2007

Hospital bedside phone and TV operator Patientline was put on the critical list yesterday with the heavily indebted company admitting shareholders could lose everything as its management attempts to put together a rescue package with its banks. Having spent £170m installing its kit in NHS hospitals, Patientline has racked up £82.5m of debt and cannot make its annual £8m interest payments. The company has spent months locked in talks with its banks about refinancing.

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